Three Awesome Reasons to Convert Your Investment Property in to a Short-Term Rental

So you’ve achieved your dream of purchasing an investment property and now you’re not quite sure what the best way forward is. Here are three excellent reasons to choose Albury Wodonga Apartments to manage your investment property as a short-term rental as opposed to going down the path of a longer term tenant.

  1. Greater flexibility- you’d like to do maintenance on the property every now and then, you’d like your family and friends to be able to stay there when they come to town, perhaps you need to stay there from time to time for some peace and quiet. Running an Airbnb means you can simply block dates when you’d like to utilise the property and it’s all yours.

  2. Meticulous cleaning- it is integral for Albury Wodonga Apartments to keep your property in pristine condition for the reputation of the business is constantly at stake. We guarantee we will access your property at least weekly to make sure the guests that are staying are taking great care of it, and regular cleaning will always take place.

  3. Greater financial returns- why take in $350 a week for your two bedroom property when you can make at least double that or even more running it as a short-term rental? Domestic tourism is booming again as we all come out of hibernation after covid. Travellers are getting more savvy and realise for a similar price to a hotel, they can book a property with far more space and privacy. Airbnb bookings are flourishing and you need to be part of it.

    Find out more about how Albury Wodonga Apartments will do all the work for you and you still reap all the benefits!

Family Friendly Restaurants in Albury Wodonga

You’re on holidays, you really don’t feel like cooking, but can you bring yourself to take the little ones out to dinner? Of course! We’ve got the best family friendly restaurants in Albury Wodonga sussed out so you don’t stress out!

Blazing Stump Hotel wins hands down for kids. The restaurant includes a huge kids play centre including the newly extended kids room with 3 year old and under section for younger kids and area for older kids. Both areas with jumping castles and great play equipment with fun adventure climbing equipment, you can keep your kids entertained for hours. Kids meals available and plenty of high chairs.

Also in Wodonga is Eddie’s Tavern and The Birallee Tavern- lots of options for kids here too.

Soden’s in Albury and the SS&A also have kids playrooms- not quite as impressive at the Blazing Stump Hotel but still a fun way to entertain the kids.

The River Deck Cafe Albury has a kid’s outdoor playground right outside the restaurant- ask for a table outside on the deck and you can watch your kids whilst enjoying a wine and overlooking the gorgeous Murray River. Oddie’s Creek gigantic playground is only a five minute walk along the bike path too.

For pizza lovers, try Downtown Pizzeria- kids are obsessed with this place with plenty on the menu to keep them smiling.

There are many more places to eat, drink and relax in Albury Wodonga with kids; these ones are just our tried and tested favorites! If you have a place you want to share where you enjoyed a great meal - feel free to tell us in the comments below!

Because pets want to have fun too! Pet friendly accommodation in Albury.

Yes we have pet friendly properties! Do you have a non-human member of the family that simply can’t be left behind when you go away on holidays? Why do so many properties forbid our furry friends? That doesn’t seem fair!

Luckily at Albury Wodonga Apartments we have a range of properties that are pet friendly so our canine buddies will never miss out!

Choose from two bedroom, three bedroom or four bedroom properties and the doggies are either allowed outside only, or they can socialise inside with you as well. There are some rules such as no pets on couches or in beds, but basically they won’t miss out on any of the family fun! All our pet friendly properties have secure yards for your peace of mind.

Get in touch today to chat with the Albury Wodonga Apartments team about how we can cater for your fur babies and the entire family will enjoy frolicking along the Murray River, splashing in Lake Hume or trekking up the stunning hills that surround our twin cities.

Pets are welcome too!

Man’s best friend should be allowed to join you on holidays…

What is best for my investment property- a traditional long-term tenant or setting it up as a short-term rental?

Would you consider Albury Wodonga Apartments to manage your investment property?

If you have an empty home then you may be wondering how to capitalise on it. Letting out your property on a short-term or mid-term basis can be very profitable when done right.

The main differences between short, mid and long term rentals or lets are below:

  • Long-term lets (long lets): the traditional letting arrangement, with contracts from six months to two years. A real estate agent will assist with this and you have set income each week and don’t have to pay for utility bills and wifi.

  • Mid-term lets (mid lets): a growing segment of lettings, from one to six months, typically for professionals, renovators or students. You’ll need to set the house up with all the furniture and other items that guests need.

  • Short-term lets (short lets): the fastest growing segment, from one to 30 days, which originated in vacation rentals and is popularised by platforms such as Airbnb, HomeAway, TripAdvisor or Booking.com and traditionally earn property owners the most. You’ll need to set the house up with all the furniture and other items that guests need.

Albury Wodonga Apartments specialises in mid-term and short-term rentals- high risk but high reward! You can make double or triple what you’d make with a longer-term tenant but there is no guarantee of income each week. We’re happy to provide references so you can speak to our property owners that have already come on board and are reaping the benefits of mid-term and short-term guests. For more information click here. And watch us here- Albury Wodonga Apartments - YouTube